Canon India creates unified OIS Division
 Canon India has appointed K. Bhashkar as the Director of Office Imaging Solution Division (OIS). This B2B business has been one of the major contributors in Canon's overall business contributing more than 25% to the Company's revenue in 2010. Bhashkar will continue to report to Alok Bharadwaj. Commenting on the appointment, Alok Bharadwaj, Senior Vice-President, Canon India, said, "India continues to build strong consumption as well as investment momentum. With sustained 9-per cent GDP growth, we should begin to witness a higher level of entrepreneurial depth. India Inc prints and copies over 60 billion documents a year. This costs Rs.10,000 crore in a year and is growing @ 20% per annum. Most of this is inefficiently done. Canon has been handling this biz through teams of Enterprise Solutions Division for large enterprises and channel network for SME segment through a separate division. As both these businesses represent two ends of the same continuum, Canon plans to merge these businesses under one division called Office Imaging Solutions Division. We expect this division to grow revenue by 20% to touch Rs.350 crore in 2011. This newly-formed division will have 162 sales and marketing staff." K. Bhashkar brings with him over 15 years of experience in the enterprise domain of business solutions. His experience can be leveraged to bring more synergy and build this division to focus now on the medium and small enterprises. Canon will stand to benefit immensely from his rich market experience and will go a long way in helping us gain leadership and increased market share in the printing domain." On his new role, K. Bhashkar said, "I am much honoured to be a part of these exciting times and am looking forward to taking up this challenging role and would maintain leadership in A3 copier MFDs and bringing in increased efficiency of document management in the medium and small enterprise and government sectors as well." The earlier BIS division was divided into Enterprise Solution Division and Channel Sales Division with different reporting heads. The divisions separately catered to the enterprise customers and government sectors with separate divisional heads. This fragmented segment is now integrated under the Office Imaging Solution Division to be led by Bhashkar. For More Details See www.varindia.com |